Organized by The Old Takoma Business Association, this panel presents innovative ways that residents can support local businesses while earning interest on their investments. OTBA has worked with partners to develop three loan platforms that will be available to local residents over the next few months. The platforms include: WACIF (a DC based community investment organization) Neighborhood Notes which will target the business community in this area: OTBA Takoma Notes which provide loans to specific businesses; and a crowdfunding option under a new Maryland law, which will allow residents to lend up to $100 directly to Maryland businesses and earn interest on the loan.
For more info on these options for local investing: Patty Baker, 240-888-1623, pattymbaker@hotmail.com
